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WGU Principles-of-Management Exam Syllabus Topics:

Section	Objectives
Human Resource Management	- Workforce Management 1. Recruitment and selection 2. Performance management 3. Employee retention 4. Training and development - Motivation and Behavior 1. Workplace diversity 2. Motivation theories 3. Organizational behavior 4. Employee engagement
Strategic Planning and Management	- Strategic Planning Process 1. Environmental analysis 2. SWOT analysis 3. Strategy formulation 4. Strategy implementation - Strategic Vision, Mission, and Goals 1. Mission statements 2. Strategic vision 3. Organizational goals
Leadership and Management	- Communication and Teamwork 1. Collaboration techniques 2. Team development 3. Organizational communication 4. Conflict management - Leadership Concepts 1. Decision-making processes 2. Leadership theories 3. Managerial roles 4. Leadership styles
Organizational Structure and Design	- Organizational Models 1. Matrix organizations 2. Divisional structures 3. Network organizations 4. Functional structures - Organizational Fundamentals 1. Organizational hierarchy 2. Centralization and decentralization 3. Departmentalization 4. Span of control
Business Ethics and Corporate Responsibility	- Corporate Responsibility 1. Sustainability considerations 2. Corporate social responsibility 3. Stakeholder management - Ethical Management 1. Ethical decision making 2. Compliance programs 3. Business ethics
Operations and Quality Management	- Quality Management 1. Continuous improvement 2. Total Quality Management 3. Customer satisfaction 4. Quality control tools - Operations Management 1. Supply chain concepts 2. Process improvement 3. Resource management 4. Value chain management

WGU Principles of Management at Western Governors University(IAC1) Sample Questions:

Question #1

What is the most common way for entrepreneurs to finance a start-up business? Choose 1 answer

A. Personal funds
B. Initial public offering
C. Venture capital
D. SBA loan

Reveal Solution Discussion 0

Correct Answer: A 🗳️